S&P 500 Gains and Losses Today: Walmart Stock Soars After Strong Earnings Report

Key TakeawaysThe S&P 500 slipped 0.2% on Thursday, May 16, 2024, failing to build on the record high it printed in the previous session.Deere & Co. shares dropped after the heavy equipment manufacturer lowered its quarterly profit forecast, citing changes in the agriculture industry. Walmart posted better-than-expected quarterly results, driven by international and e-commerce strength, and shares of the retailer soared. Major U.S. equities indexes ticked lower on Thursday, retreating from the all-time highs ...